Common use of Time Off in Lieu of Overtime Pay Clause in Contracts

Time Off in Lieu of Overtime Pay. At the request of the Employee, time off, calculated at the appropriate overtime rates in lieu of overtime pay may be banked to a maximum of forty (40) hours. This shall be taken at a time mutually acceptable between the Employee and the Employer(s) and must be recorded on time sheets or work records accessible to Employees. Any unused portion of the time in lieu bank shall be paid out by March 31 of each year.

Time Off in Lieu of Overtime Pay. At the request of the Employee, time off, calculated at the appropriate overtime rates in lieu of overtime pay may be banked to a maximum of forty fourty-eight (4048) hours. This shall be taken at a time mutually acceptable between the Employee and the Employer(s) and must be recorded on time sheets or work records accessible to Employees. Any unused portion of the time in lieu bank shall be paid out by March 31 of each year.

Time Off in Lieu of Overtime Pay. At When an employee is required by the request of Company to work overtime and the Employee, employee requests that he/she be allowed time off, calculated at the appropriate overtime rates off in lieu of payment for the overtime and the Supervisor agrees that the time requested, can be allowed off without interfering with the operation of the Company, he/she may permit the employee time off equivalent in pay to the overtime payment. The maximum hours an employee may be banked allowed to a maximum of forty bank is eighty-eight (4088) hours. This shall be taken at a time mutually acceptable between the Employee and the Employer(s) and must be recorded on time sheets or work records accessible to Employeeshours per calendar year. Any unused portion of the time in lieu bank Bank Time shall be paid out by March 31 the 15th day of each January of the following year.

Time Off in Lieu of Overtime Pay. At the request An employee who works overtime may, in lieu of the Employeeovertime pay, opt for equivalent time off, off calculated at the appropriate overtime rates in lieu rate of pay. Lieu time must be scheduled within 14 days of overtime pay may worked and taken within the calendar year. He/she must give notification of this choice to the Executive Director no less than five working days in advance of taking such time off. The time taken off must be banked mutually agreeable to a maximum of forty (40) hours. This shall be taken at a time mutually acceptable between the Employee Employer and the Employer(s) and must be recorded on employee. Unused lieu time sheets or work records accessible to Employees. Any unused portion of the time in lieu bank shall be paid out by March 31 at the end of each the calendar year.